NOT LISTED FOR SALE

502 Gala Loop Rd Eagle Rock, VA 24085

Estimated Value: $257,000 - $369,000

4 Beds
3 Baths
2,244 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $295,000 $131 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,863/month

121 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Fireplace
  • Covered patio or porch
  • Eagle Rock Elementary School Rated 9+
  • No HOA
  • Balcony

About This Home

As of June 2023

Hurry to see this Lovely Farmhouse with Welcoming Wrap-around concrete Porch, and upper back porch with bedroom access. Thoroughly renovated in the late 1990's it is in Excellent Condition, has updated electrical, closet lights, replacement windows, metal roof; fully repainted 2 yrs ago inside. Located midway between Daleville & Covington areas, It's in walking distance to the James River/Gala Boat Ramp & Kelley's Store. With 2+ acres of pasture, 3 tax parcels, an oversized 2-car garage plumbed with Natural gas, the home features a large eat-in kitchen, modern cabinetry, living room & foyer, laundry/office & full bath on entry level, 4 bedrooms & 2 baths up; hardwood floors under carpets; Wired for Generator. Easement crosses property.

Last Agent to Sell the Property

Dayna Patrick

RE/MAX ALL STARS License #0225074862 Listed on: 01/04/2023

RE/MAX ALL STARS

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1910

Lot Details

  • 3.36 Acre Lot
  • Level Lot
  • Cleared Lot
  • Garden

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Drapes & Rods
  • Storage
  • Crawl Space

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Eagle Rock Elementary School
  • Central Academy Middle School
  • James River High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Ceiling Fan, Storage
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Other - See Remarks
  • Type: A
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Covered Porch, Garden Space, Paved Driveway
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1122.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2244
  • Internet Access: DSL, Other, See Remarks
  • InternetAccessCurntInternetProv: Lumos
  • LaundryLaundryEntryLevel: 1
  • Major Area: 07 - Botetourt County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 768
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2023-05-05
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2244
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2244.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1122.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Paved Road, Satellite Dish

Schools

  • Elementary School: Eagle Rock
  • Middle School: Central Academy
  • High School: James River

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 3.36

Building Info

  • Year Built: 1910

Tax Info

  • Taxes (6 mo): 1287.00
  • FILLTAXID: 18-36, 18-37, 18-38

MLS Schools

  • Elementary School: Eagle Rock
  • HighSchool: James River
  • Middle School: Central Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Jun 8, 2023
Sold by
Le Thomas Ira Basil and Thomas Shipley Paula
Bought by
Bonelll Phillip A
Seller's Agent
Dayna Patrick
RE/MAX ALL STARS
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$295,000
Sold Price
$295,000
Views
281
Current Estimated Value
$306,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,759
Avg. Annual Appreciation
3.14%
Original Mortgage
$295,000
Outstanding Balance
$285,314
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$28,725
Source: Public Records

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    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bonelll Phillip A -- Priority Title
Bonelli Phillip A $295,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonelli Phillip A $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $295,000 0.0% $131 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $295,000 0.0% $131 / Sq Ft
04/24/2023 04/24/23 Price Changed $295,000 -1.6% $131 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $299,900 -4.8% $134 / Sq Ft
01/27/2023 01/27/23 Price Changed $314,900 -3.1% $140 / Sq Ft
01/04/2023 01/04/23 For Sale $325,000 -- $145 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,845 $263,600 $14,500 $249,100
2023 $1,211 $153,300 $13,500 $139,800
2022 $1,211 $153,300 $13,500 $139,800
2021 $1,211 $153,300 $13,500 $139,800
2020 $1,211 $153,300 $13,500 $139,800
2019 $1,083 $137,100 $13,500 $123,600
2018 $1,083 $137,100 $13,500 $123,600
2017 $1,083 $137,100 $13,500 $123,600
2016 $1,083 $137,100 $13,500 $123,600
2015 $1,031 $143,200 $13,500 $129,700
2014 $1,031 $143,200 $13,500 $129,700
2010 -- $143,200 $13,500 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895116

Roanoke Valley Association of REALTORS®

APN: 18-36